Titan Company shines on reporting 13% rise in Q3 net profit

08 Feb 2017

Titan Company is currently trading at Rs. 425.60, up by 32.20 points or 8.19% from its previous closing of Rs. 393.40 on the BSE.

The scrip opened at Rs. 406.20 and has touched a high and low of Rs. 431.00 and Rs. 406.20 respectively. So far 527082 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 445.00 on 07-Sep-2016 and a 52 week low of Rs. 296.30 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 431.00 and Rs. 369.60 respectively. The current market cap of the company is Rs. 37961.74 crore.

The promoters holding in the company stood at 53.05%, while Institutions and Non-Institutions held 26.19% and 20.75% respectively.

Titan Company has reported 13.09% rise in its net profit at Rs 255.75 crore for the quarter ended December 31, 2016, as compared to Rs 226.15 crore for the same quarter in the previous year. Total income of the company increased by 14.21% at Rs 3938.70 crore for the quarter under review as compared Rs 3448.50 crore for the corresponding quarter previous year.  

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.  

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Titan Co Share Price

1452.75 45.75 (3.25%) Mar 01, 18:43
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Peers
Company Name CMP
Rajesh Exports 505.25
Titan Co 1452.75
PC Jeweller 29.85
Asian Star Co 835.00
Tribhovandas Bhimji 77.10
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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